For all the talk of going independent and starting their own RIA practice, it appears that that’s what it was…talk. Most of the financial advisors fleeing the wirehouses and seeking independence are opting to JOIN an existing independent broker dealer model. ( As reported by Paul Menchaca’s “Soft Landing” on July 1 for Financial Planning.) [...]
Morgan Stanley Smith Barney Seek and Assist Female Financial Advisors
July 22, 2009 By 1 Comment
Over the past two years, both of these wirehouses paid out massive claims of discrimination against female brokers. (There were other firms too, but it’s nice to see some positive moves being made now.) The 2007 Morgan Stanley settlement required the firm to put in place training programs and account distributions to help female brokers, [...]
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